Solo(k) RK System Launched for One-Person
Shops

According to ExpertPlan, a retirement plan administrator
that focuses on financial institutions, its Solo(k) product
takes advantage of regulatory reform and the Internet to
enable the nearly 18 million sole proprietorships in the US
to contribute significantly more of their earnings – up to
$41,000 annually – towards retirement.

According to ExpertPlan, Solo(k) gives one-person client
companies:

IRS-compliant documentation,

plan reporting and testing,

a daily valuation recordkeeping system, and

marketing and sales support.

The cost of product setup to the mutual fund company or
a broker dealer is “minimal,” according to ExpertPlan.

The Solo(k) product can integrate with the finance
company’s brand and product line.